Last year, after founding a startup that uses blockchain technology to protect against cyberattacks, three University of Maryland students behind Gladius Network LLC went looking for investors.

Through their lawyer at the firm Paul Hastings, they met the head of an Israeli marketing firm, who would connect them to Krypton Blockchain Holdings, the Ukrainian company focusing on investments in startups that use blockchain technology. At Gladius, the three founders were optimistic about a possible partnership, and the feeling appeared to be shared, according to court papers. The company’s technology promised to deflect so-called denial-of-service attacks, redirecting malicious web traffic across a decentralized network of computers.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]